Scandic will operate the hotel from October 1 2022 under the name Scandic Opus Horsens
Source: New feed

From Amsterdam to Jeddah, Five Newly Reimagined Properties Join the Brand's Reinvention Journey
Source: New feed

Today, Church’s Texas Chicken announced it is expanding with two new locations opening in Ontario under franchisee Mian Nadeem, adding to Nadeem’s existing five locations.
Source: New feed

Waldorf Astoria Hotels & Resorts, one of Hilton’s (NYSE: HLT) luxury hotel brands, today announced its expansion into Malaysia with Waldorf Astoria Kuala Lumpur. Scheduled to open in 2024, Waldorf Astoria Kuala Lumpur will be developed and owned by Tradewinds Corporation Berhad and managed by Hilton.
Source: New feed

The Company's initial purchase option was based on a gross hotel valuation of $89.0 million, or $337,000 per key, and the Company funded its 90% equity interest totaling $38 million with the conversion of the previously funded $30 million mezzanine construction loan, which earned 9% cash interest during the loan term, and $8 million in cash
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AKYN Hospitality Group has officially announced the agreement signing with Marriott International to bring Courtyard by Marriott brand to Quy Nhon, an up-and-coming coastal destination in south-central Vietnam.
Source: New feed

Mandarin Oriental Announces its First Mountain Resort in Cortina, Italy
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Sotherly Hotels Inc. Completes Sale of Raleigh, NC Hotel, Partially Repays Corporate Debt
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Provenance Hotels today announced the strategic sale of its minority interests in the Woodlark Hotel to majority shareholder NBP Capital, a vertically integrated commercial real estate investment platform. In connection with the transaction, NBP has also acquired the management rights to the Hotel. Terms of the deal were not disclosed.
Source: New feed

Sonnenblick-Eichner Company announced today that it was the exclusive advisor to the Borrower for the placement of $35 million of first mortgage interim financing for the leasehold interest in the Moxy Oakland Downtown, a 172-room hotel located in the Uptown Arts and Entertainment District of Oakland, California. The financing was provided by ACORE Capital.
Source: New feed